Cryptocurrency Market Dynamics and Bloom Supply
The total supply of Blum tokens is capped at 100 billion, with a current circulating supply of approximately 99.999997 billion tokens. Of this, 6 billion tokens have been allocated to the airdrop, worth approximately $1 billion. This represents 6% of the total supply. Each airdrop token is worth approximately $0.1667. If the token maintains this value, the market cap could reach $16.67 billion.
Currently, the initial market cap based on the airdrop price is around $1 billion. After the airdrop, the price of Blum tokens may see fluctuations due to fluctuating supply and demand. Factors affecting this include the number of tokens entering the market and overall market sentiment. A bullish scenario could see the token’s value rise to $0.20 to $0.25, while a bearish scenario could see the price drop to $0.10 to $0.12.
Don't forget the red envelope in the first post. Take it and invest it.✨
